“Outhouse to the Penthouse”: Long Island’s Dark Horse Just Keeps Growing

Jake’s 58 Hotel & Casino didn’t exist 10 years ago. Now, it’s one of the biggest VLT operators in the country, and it just secured the licenses to double its inventory of machines. Suffolk County OTB CEO Anthony Pancella III has been there for the entire ride, from the humble beginnings to the Long Island casino’s promising future.

Where the Buffalo Don’t Roam

Is the attempt by commercial sports betting companies to legalize online wagering (and eventually iGaming) just another attempt to strip Native Americans of their hard-earned gains and sustainable livelihoods?

Shapes of Things

The most recent ‘State of the States’ report issued by the American Gaming Association reveals a rapidly changing gaming industry with more gaming tax revenue, new consumer trends, plunging demographics and an increased emphasis on sports betting and iGaming.

Supreme Court Rules In Favor Of Texas El Tigua Tribe

After decades of legal disputes, the U.S. Supreme Court ruled 5-4 that the El Paso, Texas-based El Tigua Tribe can legally operate bingo-based games on its reservation at its Speaking Rock Entertainment Center (l.). The ruling overturns an appeals court decision.

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WEEKLY FEATURE: New Gaming Law Imminent in Macau

Lawmakers in Macau could sign off on the city’s new gaming law as early as June 21. The final draft includes a tax increase of 1 percent, with a possible reduction for operators who draw patrons from beyond Mainland China. Of major concern is the fate of the city’s satellite casinos.

Michigan Governor Rejects Tribal Casino

After a 14-year effort to develop a casino in Muskegon County, Michigan, Governor Gretchen Whitmer (l.) dashed the dreams of the Little River Band of Ottawa Indians, which had worked tirelessly for approval of a $180 million casino hotel.

Blackstone-Crown Deal Receives Approvals from Western Australia, Federal Court

Blackstone’s takeover of Crown Resorts is now complete, following approvals from both the Federal Court of Australia and the Western Australian Gaming and Wagering Commission. Tony Buti (l.), Western Australia’s top regulator, said that Blackstone would have to comply with “stringent conditions” moving forward.

Cullen Report Highly Critical of BCLC

British Columbia’s Cullen Commission, headed by B.C. Supreme Court Justice Austin Cullen (l.), has released its report on money laundering in the Canadian province. It reserves unrelenting criticism for the B.C. Lottery Corporation and numerous other high-level officials.

Concession Agreement Paves way for Greek IR

Greece’s Finance Minister Christos Staikouras (l.) has signed a 30-year concession agreement with Gek Terna and its consortium. This paves the way for the €1.1-billion Inspire Athens casino resort in Ellinikon. After the withdrawal of initial operator Mohegan Gaming, Hard Rock International has stepped forward to operate the project.

FANTINI’S FINANCE: Federal Fundamentals

Gaming stocks have taken a hit recently because of the perceived discretionary spending that might be impacted by inflation, high gas prices and rising interest rates.

ASIAN GAMING More

Wynn Parent Loan Seen as Bad Sign for Macau

A $500 million revolving loan to Wynn Macau from its U.S. parent is seen as a sign of ongoing weakness for Macau gaming operators. It suggests the city’s casino giants are finding it hard to borrow from banks.

Sands China: Wong Lawsuit Unrelated to Company

Sands China has issued a statement saying a lawsuit against its president, Wilfred Wong (l.), will have no impact on the company. It also says Wong will “vigorously” defend claims against him by a former employer.

EUROPEAN GAMING More

Sweden Abandons Offshore Enforcement Plans

The Swedish government is giving up on plans to try to block unlicensed gaming platforms from allowing Swedish residents to play. It determined this would be too difficult to enforce, and it might lack the authority.

Entain to Acquire BetCity

Entain has agreed to acquire BetCity, the leading online sports betting and gaming operator in the Netherlands. The purchase price was $887 million. The transaction is expected to be completed before the end of the year.

Kindred Launches Dutch Unibet

The Kindred Group has obtained a license from the regulator Kansspelautoriteit (KSA) to offer online gaming in the Netherlands. Kindred plans to launch its flagship Unibet brand, according to Kindred CEO Henrik Tjärnström (l.).

Metropolitan Gaming now owns Park Lane Club London

Metropolitan Gaming has finished the acquisition of Park Lane Club London (l.). This occurred through an asset sale for Silverbond Enterprises Ltd. The club operates on two floors of the Hilton Hotel in Mayfair.

GLOBAL GAMING More

Tabcorp, Others Push for iGaming Tax Increase for Australian States

Tabcorp CEO Adam Rytenskild (l.) has teamed up with The Alliance for Gambling Reform and the Australian Hotel Association to lobby for synchronized tax rates between online and land-based gaming operators. Most online providers are international, and subject to lower rates.

India Asks Media To Avoid Online Betting Ads

India’s government issued a media advisory requesting they not accept ads promoting online betting. The advisory noted online betting ads are "misleading" and do not "appear to” conform with numerous regulatory acts.

ONLINE GAMING More

Zitro Digital Partners with EveryMatrix

Zitro Digital will partner with EveryMatrix to port its most successful land-based titles for online casinos via CasinoEngine, the EveryMatrix iGaming integration platform.

SPORTS BETTING More

Ohio Opens Sports Betting Application Window

Online and retail sportsbook operators may now apply for sports betting licenses in Ohio, following the Ohio Casino Control Commission’s recent approval of provisional licensing rules.

Audit Uncovers Flaws in Colorado Sports Betting

The Colorado Office of the State Auditor has uncovered flaws in how the state Division of Gaming regulates sports betting. The audit found that the division conducted inadequate background checks of licensed operators during the first year of regulated sports betting.

CA Sports Betting Measure Passes Signature Halfway Mark

The sports betting measure proponents hope to qualify for the November ballot has achieved a landmark: it passed the halfway mark for verifiable signatures. It aims to amend California’s constitution to allow mobile sports betting. Funds raised would go to fight homelessness.

Jai Alai Exec Sees Path to Future for the Dying Sport

Before sports betting and casinos were easily accessible, people bet on the outcome of jai alai matches. Now the sport is on its last leg—but Scott Savin (l.), COO of Magic City, is making a pitch to bring it back.

N.Y. Sports Betting has Slowed but Still Rakes in Tax Dollars

May is a slow time in the world of sports betting. For the week ending June 5, the industry raked in only $270 million in handle. Don’t get too down, however—since the launch of mobile wager, the state has brought in $276 million in taxes, which makes officials such as Gov. Kathy Hochul (l.).

Wyoming Sports Betting Launch: Slow but Steady

Ten months after its sports betting market launched, the Wyoming Gaming Commission is reporting 30,000 unique users. David Carpenter, who oversees the rollout, said, “I think we’re right in line with our numbers compared to other states, we’re just on a different level because of our population.”

More Sports Betting Options in Japan?

Is Japan planning to permit wagers on more types of athletic events, including baseball? Local media say yes, but lawmakers say no. And the country’s baseball league is also against expanded wagers.

Maryland Online Sports Betting Could Be Ready This Fall

Maryland has plenty of locations to place a bet, from large casinos to small taverns. But approval of mobile betting still eludes the state. Officials hope they can convince lawmakers to pass legislation before the NFL ends in ’22.

UNITED STATES GAMING More

Judge Orders NM Racing Commission to Act on License Request

The New Mexico Racing Commission has been ordered by a District Judge to act within 90 days on an application by Coronado Partner’s for the state’s sixth and final license. The partners sought a writ of mandamus to force the commission to act on their request to build a racino in Tucumcari.

Nebraska Racino Takes Temporary Back Seat

Ho-Chunk’s proposed racino in South Sioux City will have to wait until WarHorse Gaming projects in Lincoln and Omaha, which recently received provisional licenses, are completed. Ho-Chunk CEO Lance Morgan (l.) said that the company has to prioritize its resources over the next year.

Temporary Illinois Casino Coming This Fall

The Temporary by American Place casino is expected to open in a weather-resistant tent in Waukegan, Illinois this fall. The permanent American Place casino hotel (l.) will open in 2025, according to developer Full House.

Arena Group Signs Execs for Las Vegas Hotel Casino Project

The Oak View Group has made its mark developing arenas. They upped the ante with plans to build a hotel casino in Las Vegas centered around a new arena. The company has signed three heavyweights for the cause, including former Raiders executive Marc Baidan (l.).

AGA Hails U.S.’s Lifting Pre-departure Covid Testing Requirement

The decision by the Biden administration to end the pre-departure Covid-19 testing requirements as of June 12 has gotten an enthusiastic thumbs up from the gaming industry. American Gaming Association’s CEO Bill Miller (l.) said it will help the U.S. gaming industry recover from the pandemic.

TRIBAL GAMING More

Oklahoma Casino On Hold As Litigation Proceeds

The opening of the Fort Sill Apache Tribe’s Warm Springs Casino (l.) remains on hold as the Comanche and Kiowa nations’ federal lawsuit moves forward. Those tribes claim Warm Springs was built on land not belonging to the Fort Sill Apache.

CA’s Newsom Approves Tejon Casino

California Governor Gavin Newsom (l.) has signed a tribal state gaming compact with the Tejon Indian Tribe. The compact still needs the legislature’s nod. The tribe wants to build a $600 million casino and hotel in partnership with Hard Rock International.

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Bragg Names Yaniv Sherman CEO

Bragg Gaming has named Yaniv Sherman, a 20-year veteran in the field of online gaming and top executive of 888 Holdings, as the company’s new chief executive officer.

Bluberi Names Lisa Girard Chief Financial Officer

Lisa Girard has been appointed to the role of chief financial officer at Bluberi. Girard has over 20 years of financial and accounting experience, primarily with manufacturers and defense contractors.

Leaders Named for Gila River Arizona Casino

Gila River Resorts & Casinos has announced the leadership team for the new Santan Mountain Casino in Chandler, Arizona. The team includes General Manager Blake Katnelson (l.).

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Zitro Debuts Altius Glare in France

Zitro’s Altius Glare cabinet (l.) made its debut at three Barrière Group casinos in France, along with the Wheel of Legends multi-game progressive link.

NUTSHELL More

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